TriMas Corporation $TRS Shares Sold by Barington Companies Management LLC

Barington Companies Management LLC trimmed its position in TriMas Corporation (NASDAQ:TRS) by 52.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 131,100 shares of the industrial products company’s stock after selling 143,900 shares during the period. TriMas makes up about 3.0% of Barington Companies Management LLC’s portfolio, making the stock its 9th largest holding. Barington Companies Management LLC’s holdings in TriMas were worth $4,647,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its position in TriMas by 4.1% in the third quarter. Bank of America Corp DE now owns 3,810,233 shares of the industrial products company’s stock worth $147,227,000 after purchasing an additional 150,232 shares during the period. Capital International Investors acquired a new stake in shares of TriMas during the 3rd quarter valued at $111,673,000. Allspring Global Investments Holdings LLC lifted its position in shares of TriMas by 3.0% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 2,562,028 shares of the industrial products company’s stock valued at $92,976,000 after acquiring an additional 73,638 shares during the last quarter. Jefferies Financial Group Inc. acquired a new stake in shares of TriMas during the 4th quarter valued at $55,036,000. Finally, Nuveen LLC lifted its position in shares of TriMas by 4.3% during the 4th quarter. Nuveen LLC now owns 844,050 shares of the industrial products company’s stock valued at $29,922,000 after acquiring an additional 35,080 shares during the last quarter. 99.42% of the stock is currently owned by institutional investors and hedge funds.

TriMas Stock Up 0.7%

TRS stock opened at $41.32 on Friday. The company has a debt-to-equity ratio of 0.27, a current ratio of 4.85 and a quick ratio of 4.50. TriMas Corporation has a 52-week low of $26.16 and a 52-week high of $43.72. The company has a 50-day moving average of $38.99 and a two-hundred day moving average of $36.67. The stock has a market capitalization of $1.48 billion, a price-to-earnings ratio of 1.72 and a beta of 0.60.

TriMas (NASDAQ:TRS) last released its quarterly earnings results on Thursday, April 30th. The industrial products company reported $0.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.24). TriMas had a net margin of 93.79% and a return on equity of 8.38%. The firm had revenue of $168.28 million for the quarter, compared to the consensus estimate of $158.24 million. During the same quarter last year, the company earned $0.46 earnings per share. The firm’s revenue was up 10.3% on a year-over-year basis. TriMas has set its FY 2026 guidance at 1.500-1.70 EPS. As a group, equities research analysts anticipate that TriMas Corporation will post 1.67 EPS for the current year.

TriMas Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, May 14th. Shareholders of record on Thursday, May 7th were issued a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date was Thursday, May 7th. TriMas’s dividend payout ratio is 0.66%.

Analyst Ratings Changes

TRS has been the subject of a number of recent research reports. BWS Financial reiterated a “buy” rating and set a $45.00 price objective on shares of TriMas in a research report on Monday, March 2nd. Zacks Research upgraded TriMas from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 5th. KeyCorp reiterated an “overweight” rating and set a $38.00 price objective on shares of TriMas in a research report on Thursday, February 26th. Finally, Weiss Ratings downgraded shares of TriMas from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $41.50.

TriMas Profile

TriMas Corporation is a diversified industrial company headquartered in Bloomfield Hills, Michigan. Established in 1980, TriMas has built a global reputation for designing and manufacturing specialized products that serve a wide array of end markets. The company operates through multiple segments, each focused on high-demand niches where engineered solutions and rigorous quality standards are essential.

The Packaging segment supplies closures, dispensing systems and related components for the personal care, household chemicals, food and beverage, and pharmaceutical markets.